9 Words From Fed Chair Kevin Warsh That Have Shaken Wall Street to Its Core
Warsh said inflation remains too high and named five task forces to review Fed policy, even as markets fell on the rate decision.
8 Articles
8 Articles
Trump’s new Fed chair is confirming some of Wall Street’s ‘fears’
In his first official meeting as Fed chief, Kevin Warsh declined to submit a “dot,” shorthand for projections made by the Fed’s top policymakers. It’s just the start of how he could reshape the central bank and how it communicates with the public.
A Regime Decision, Not a Rate Decision
Kevin Warsh’s first press conference as Fed chairman was far better than I expected. The statement is shorter, forward guidance is gone, and the Committee has promised to deliver price stability. That is most of the prescription I have made for at least fifteen years. But the question that actually matters – what the Fed should be trying to deliver, and the wreck of a regime Powell has left him – is still open. Kevin Warsh held his first press c…
Nordea's chief analyst Jan von Gerich says he was surprised by the communication from the new Fed Chairman Kevin Warsh, especially because Donald Trump has pressured him to lower interest rates.

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